Linton-Smith Susan 4
4 · RED ROBIN GOURMET BURGERS INC · Filed Feb 28, 2011
Insider Transaction Report
Form 4
Linton-Smith Susan
Chief Marketing Officer
Transactions
- Tax Payment
Common Stock
2011-02-24$22.83/sh−264$6,027→ 14,102 total - Tax Payment
Common Stock
2011-02-28$23.56/sh−220$5,183→ 13,882 total
Footnotes (3)
- [F1]In connection with the vesting of 750 shares of restricted stock which were granted on February 24, 2009 under the issuer's Amended and Restated 2007 Performance Incentive Plan, the reporting person sold 264 of such shares to the issuer to satisfy her tax withholding obligations. The sale was approved by the issuer's compensation committee in accordance with Rule 16b-3(d)(1) of the Exchange Act ("Act"), and as such, the sale is exempt from Section 16(b) of the Act pursuant to Rule 16b-3(e) promulgated thereunder.
- [F2]In connection with the vesting of 625 shares of restricted stock which were granted on February 26, 2008 under the issuer's 2007 Performance Incentive Plan, the reporting person sold 220 of such shares to the issuer to satisfy her tax withholding obligations. The sale was approved by the issuer's compensation committee in accordance with Rule 16b-3(d)(1) of the Act, and as such, the sale is exempt from Section 16(b) of the Act pursuant to Rule 16b-3(e) promulgated thereunder.
- [F3]Includes 6,000 restricted stock units and 2,125 shares of restricted stock that are subject to vesting and forfeiture restrictions.